ArithmeticAn article is bought for Rs.600 and sold for Rs.500, find the loss percent?

An article is bought for Rs.600 and sold for Rs.500, find the loss percent?

C.P. = 600

S.P. = 500

Loss = 100

Loss% $= \frac{100}{600} \times 100 %$

$= \frac{100}{6} % = \frac{50}{3} % = 16 \frac{2}{3} %$